31 July 2007

Component Software EDM, a leading supplier of enterprise Purchase to Payment software solutions, has announced that it has successfully passed SAP® integration certification for its core accounts payable automation solution on the SAP NetWeaver® platform.

The company’s Contempus.Invoice ERP interface has been awarded the endorsement “Certified for SAP NetWeaver”, which recognises the high level of integration with NetWeaver and the quality of communication between Contempus and SAP applications.

According to Component Software, SAP certification will provide its global network of business partners with an end-to-end integration package for easier and more timely deployment. This will significantly simplify and streamline SAP integration for customers, for faster implementation and lower overall integration costs.

Contempus.Invoice is a web-based end-to-end invoice processing solution which improves invoice management from receipt to payment, increasing efficiency and reducing costs while also providing greater control over business-critical information. It integrates easily with accounting, information and business systems to automate and streamline the accounts payable activity across the organisation.

Petter Hansen, international sales director at Component Software said: “This is a key milestone for us. We’re committed to developing advanced solutions for the SAP environment, and this Certified for SAP NetWeaver endorsement not only recognises the high levels of integration with SAP applications, it will also help our business partners to integrate Contempus easily and effectively into customers ERP systems.”

Dennis Wright, managing director of Contempus reseller and document processing specialist Digital Vision said: “To have met the strict technology requirements of the certification process highlights the suitability of Contempus.Invoice for SAP users, and is further proof of the benefits Contempus brings in streamlining accounts processes and realising greater cost savings.”

Contempus.Invoice is already used by over 165,000 financial and accounting experts in over 30 countries across the world, to automate their accounts payable activity, boost financial productivity and reduce the amount of time spent handling invoices, freeing up resources to focus on core business competencies.

It has been successfully deployed on a national level by both the Norwegian and Swedish Governments to improve control of Government finances and realise annual cost savings of over €4m, and is also now being adopted in the UK public sector, to help achieve greater efficiency in working practice.

Contempus.Invoice is also being used by leading multi-national organisations such as defence company BAE Systems, to automate the accounts payable functions and processing of around 45,000 SAP invoices per annum, and at British Polythene Industries’ shared services centre, where it has helped to successfully centralise and streamline finance operations, saving the business £500,000 a year.